Thursday, May 7, 2009

Add Value to Your Home through Home Remodeling


Nothing adds value to your home more quickly than updating or remodeling your kitchen or bathroom. These two rooms in your home receive daily use and usually suffer wear and tear sooner than any other rooms. An update of fixtures, appliances, and accessories can make an immediate and dramatic difference in either of these rooms. A complete remodel of your bath or kitchen can increase the value of your home immediately and significantly! Kitchen Remodeling ...


Nothing adds value to your home more quickly than updating or remodeling your kitchen or bathroom. These two rooms in your home receive daily use and usually suffer wear and tear sooner than any other rooms. An update of fixtures, appliances, and accessories can make an immediate and dramatic difference in either of these rooms. A complete remodel of your bath or kitchen can increase the value of your home immediately and significantly!

Kitchen Remodeling
If remodeling your kitchen is your next home remodeling project, replacing the cabinets is a great starting point. Beautiful kitchen cabinets are the focal point of a stunning kitchen design. You can choose a formal, casual or contemporary style. Whatever suits your taste and sense of fashion, you can begin by choosing beautiful new kitchen cabinets; then add eye-catching fixtures, appliances and other accessories that will complement and accentuate your new kitchen design. After kitchen cabinets, other great ways to make a big impact on the total kitchen design are to consider adding:

New Appliances
Stainless Steel Sinks
New Counter Tops
New Tiles or Backsplashes
Hardwood or Laminate Flooring
To complete your kitchen remodeling project in style, you can add new furniture such as breakfast nook tables and chairs, island carts, or barstools.

Bathroom Remodeling
Bathroom remodeling is another great way to update your home, which also increases the value of your home tremendously. We shouldn’t minimize the importance of this room in our homes and in our lives. Important time is spent here as our days begin and end, and making this room a relaxing, enjoyable experience is well worth the time and money. Updating your bathroom will certainly bring pleasure not only to you and your family, but also to your guests.

Principal considerations to make your bathroom more efficient and more beautiful include:

Cabinets
Counter Tops and Vanities
Sinks
Flooring and Tile
Tubs and Showers
Claim Your Home Remodeling Expenses on Your Taxes If You Sell Your Home
When, or if, you sell your home, you might be charged capital gains taxes. However, according to IRS Publication 523, Selling Your Home, any major improvements or remodeling you do to your home such as kitchen remodeling or bath remodeling can be exempt from these taxes. This can also include items such as:

Additions including bedrooms, bathrooms, decks, garages, porches or patios.

New plumbing or wiring.
Any new heating and/or air conditioning units.
Interior upgrades such as built-in appliances and wall-to-wall carpeting
Exterior upgrades such as paving the driveway
Any tax-acceptable improvements are identified by the IRS as those that add value to your home and prolong your home’s useful life. It is wise to check with your accountant who knows IRS tax law to make sure any home remodeling you do will be covered. Be sure to keep all receipts on any purchases you make for remodeling purposes.

Bathroom and Kitchen Remodeling Products and Services
Some people are fortunate enough to do remodeling projects on their own; others need help in getting the best quality work done. Regardless of the method, there are ways to receive tremendous savings on your products and materials through discount clubs or buying direct from the manufacturer. Research your options to make sure you get the most for your money.

A well-done renovation project will increase the value of your home and, just as important, it will increase the pleasure of the time you, your family, and friends spend there. If you’ve been thinking of updating your kitchen or bathroom, now is the time to explore your options to complete a great home improvement project.

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